Many migrants moved to the UK to improve their standard of living. Social factors Opportunity: ‘A number of social factorshave increased the flow of workers into the UK. The migrant workers are also able to send money back to their families who remain in their home countries.’ This difference in wages allows the migrants to enjoy an improved standard of living. They can earn a better wage in the UK than in their home country. It is important to understand that the same pressures on services would occur if large numbers of UK workers suddenly moved to an area.’Įconomic factors Opportunity: ‘Most migrants come to the UK from countries that are less economically developed. The migrant workers population is not evenly spread across the UK - the majority of migrants are in London and the South East, according to government statistics. Threat: ‘In areas of high migrant populations, there are greater pressures due to, for example, insufficient housing and health provision. This provision would not be possible without migrant workers.’ Migrant workers play an extremely important role in providing many needed services.
As part of its campaign, UNISON aims to dispel the negative views on migration. Migrant workers are employees who have moved from overseas to the UK to find work.’ Times Higher Education Case Studies Political factors Opportunity: ‘ UNISON believes that if migrant workers are part of a trade union membership and can benefit from properly negotiated pay rates, this type of misinformation will not arise. This campaign focuses on the issues faced by migrant workers in the UK. Currently, it is running the Migrant Workers Participation Project. UNISON campaigns on a variety of issues relevant to its members. Job roles they represent in the public sector include, for example: librarians, Human Resources, IT and finance workers, teaching assistants and early years nursery staff, secretaries, cleaners, caretakers and school meals supervisors, care workers, social workers and nurses. ‘ UNISON is Britain and Europe's biggest public sector trade union, representing more than 1.3 million members working in public services. Let’s take a look at a partial STEEPLE analysis for UNISON, one of the UK’s largest trade unions. – Organizational change. Can help managers to identify potential opportunities and threats regarding labor changes – shortages of skilled workforce, high labor turnover, etc. – Product development. Deciding on whether to enter or leave certain markets, modify existing products, launch new products or scrap unprofitable ones, or those with low profit margins. – Workforce planning. Can help with identifying changes to business models that may have an impact on the future employment patterns. – Marketing planning. Assessing the opportunities and threats of developing international marketing strategies. – Investment opportunities. Evaluating whether the company should open a new retail store in a certain location. – Strategic business planning and forming business propositions. Judging the potential costs and benefits of a joint venture, merger or acquisition, expanding overseas or growth through product development. It is a useful and straight-forward framework that aids decision making. a recession, oil crisis, higher TAX rates, higher interest rates, major roadworks, natural disasters, major health epidemics, etc. Threats in The STEEPLE Analysis are external factors that can harm the business, e.g. lower TAX rates, lower interest rates, subsidies from the government, higher disposable incomes, better transportation links, etc. Opportunities in The STEEPLE Analysis are external factors that present chances for the business, e.g. The STEEPLE Analysis is central to business strategy as it shows the unpredictable factors that affect business activity and the issues that should be addressed in any business strategy, such as assessing the feasibility of an overseas investment project.
The short version of The STEEPLE Analysis is called The PEST Analysis. The acronym ‘STEEPLE’ stands for the Social, Technological, Economic, Environmental, Political, Legal and Ethical opportunities and threats of the external business environment. These factors (considering both opportunities and threats), unlike internal ones, in addition to affecting all businesses on the market, are vastly beyond the control of any individual organization. The STEEPLE Analysis provides businesses and managers with an overview of the factors specific to the external environment only. FINAL ACCOUNTS – PROFIT AND LOSS ACCOUNT.
DIFFERENT TYPES OF BUSINESS ORGANIZATIONS.
0 kommentar(er)
